PPP Loan information for Ideal chemical and supply co

$1,382,300

Ideal chemical and supply co was initially approved for PPP Loan of amount $1,382,300, the current approved amount is $1,382,300. The loan was approved on 04/08/2020 by The First Horizon Bank reported 97 jobs and $1,382,300 was used to fund payroll.

Ideal chemical and supply co is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Ideal chemical and supply co

IDEAL CHEMICAL AND SUPPLY CO

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

IDEAL CHEMICAL AND SUPPLY CO

Borrower Address

4025 AIR PARK ST

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38118-6007

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1382300.00

Current Approval Amount

1382300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38118-6007

CD

TN-09

Jobs Reported

97

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1382300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1396660.56

Forgiveness Date

04/23/2021

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